Oil & Gas News

Subsea 7 Awarded Contract Offshore Australia

14Subsea7 RGB JPEGSubsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announces the award of a sizeable contract by Woodside Energy Ltd for the Greater Western Flank Phase 2 Project, offshore Australia.

The Greater Western Flank is located on the North West Shelf of Australia, 60 km southwest of the Goodwyn Alpha (GWA) platform. The contract scope comprises the subsea tie-back of adjacent fields to the GWA platform, including the installation of manifolds, umbilicals and spool pieces, together with the pre-commissioning of the system.

Project management and engineering will commence immediately from Subsea 7's office in Perth, Australia, with offshore operations scheduled to commence in 2018.

Andy Woolgar, Managing Director, Australia and New Zealand, said: "We are delighted to have been awarded this project from Woodside Energy Ltd. This is the fourth award from Woodside in recent times, and we are pleased to be able to continue this strong working relationship."

(1) Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.

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